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9. Suppose you make $3,600 annual deposits into an account that pays 12% interest compounded quarterly. How large will your account be in 30 years?

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9. Suppose you make $3,600 annual deposits into an account that pays 12% interest compounded quarterly. How large will your account be in 30 years? 10. You just joined a company that has offered you two different bonus arrangements. One is for $7,500 per month for 2 years. The other is $6,000 per month for 2 years plus $25,000 today. Assume r = 8%. Which do you prefer? each. Complete each problem and show all calculations for full credit (20 points). Note: Assume all annuity payments begin in year 1

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